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Let me say something to you that might trigger you at first, you need to be broke now. Not forever. Not as an identity and not as a destination, but as a lesson. Most people are terrified of being broke. They avoid it at all costs. They pretend it's not happening. They hide it from friends if they are broke, if they're struggling or financially in debt, they hide it from family. They don't want to feel the shame of that and they hide it from themselves. And worse, they judge themselves for it. And there was a time in my life when I was completely broke. No savings, no real income, and no clear path forward on how to make money. It was actually kind of terrifying for me at that moment I was sleeping on my citrus couch. I had some gratitude in my life, but I was also embarrassed. At the same time. I felt like I had potential, that maybe I could create something. But I had no real proof, no real evidence of of that. And I was questioning a lot of my decisions. I was questioning my self worth. I was questioning why I couldn't make money. And I was questioning if I had Missed my window of opportunity to make money. I didn't feel successful. I didn't feel confident or believe in myself. And honestly, I didn't believe that I felt free in my life. I felt trapped. I don't know if you've ever felt this in your life where you didn't have money, you didn't know where it was coming in, and you don't feel free. You feel kind of trapped. Fast forward to today. I'm financially free. I do work that I love. I have choices and options. I've created a life where I create peace inside of myself. And money is no longer the thing that is controlling my decisions. And that wasn't always the case. When I was broke. Money was controlling a lot of my decisions. And I was doing things to make money because I needed it to survive. And here's why I'm telling you this. This is not to impress you or to flex on you or not to pretend that it was easy also. But to be clear about one thing, the season when I was broke taught me more about money, self worth, and freedom than any season when I was making more money. And it's hard to believe that because being broke doesn't just show you your bank account and what you lack and how much you don't have. It shows you your belief system. It shows you your habits. It shows you your fears, your insecurities and your relationship with money. Now, what does that mean, Louis? Your relationship with money? It teaches you what your relationship is with money. When you have it, when you don't have it, when other people have it around you. How does it make you feel? What is that intimate relationship with money that you have? And if you never learn those lessons, more money won't fix your problems in your life. Making more money all of a sudden won't just fix everything in your life. It will only amplify what's already broken. It will amplify everything. So today I want to share five reasons why being broke can actually be one of the most powerful seasons for building wealth, confidence, and a healthy money mindset. Reason number one, being broke exposes your money stories. When you have very little money, all your money beliefs come to the surface. It all rises. And this is where you hear the little voices inside of your head that say, I'm bad with money. Money is hard to make. Rich people are greedy. I'll never have enough. And being broke doesn't create these stories. It actually reveals them for you. Because they were already there. They'd already been built within your subconscious or You've picked them up from parents or teachers or friends. You've heard these things over the years. And just quieter, when money was flowing, you hear those things, they were already there when you were broke. And you can't change what you're not aware of. So quote that I share that says the energy connected with money wounds attracts similar energy to it. Something I talk about in my book Make Money Easy, which is all about creating financial freedom in your life so you can actually have a rich life. It's not about making tons of money and it's going to solve your problems. It's about healing the money wounds that keep you in scarcity when you have money as well. For me, being broke forced me to face a lot of things in my life. It forced me to face shame that I had insecurity, fear, self doubt, and really the self judgment that I had attached to money. It was a scary thing for me because I didn't understand it. So my relationship with it was built on that misunderstanding. And once you see the story of your own life around money and the own beliefs around it, you can start to rewrite them. You can start to rewrite those beliefs one day, one step at a time. And those stories shape what I call your money style. How you earn, how you spend money, how you save money, and how you sabotage money as well. And I actually created a free quiz that helps you identify your money style so you can understand your own patterns as we go through the rest of this episode. And we'll link the free quiz in the description below where you're watching or listening to this. That is the end of reason number one. Being broke exposes your money stories. And again, if you want to understand your personal money style, then make sure to check the link in the description and you can go through that quiz for free. Reason number two, being broke teaches you resourcefulness before riches. Now money doesn't create resourcefulness. Once you have it, you're not more resourceful. Resourcefulness creates money. It's never a bad bet when you invest in yourself. It's never a bad bet when you invest in yourself. When you're broke, you can't buy your way out of problems. You learn to figure things out. You learn to ask better questions. You learn to build skills. You develop skills by overcoming the fears and insecurities. To develop them, you learn to create value without throwing money at everything. I've heard this by different founders before that when you raise a bunch of money, you can throw money at problems and hopefully it'll fix it. And solve it. But a lot of startups aren't successful just by throwing money at problems. And they actually lose all their money. And then they're not resourceful in getting out of that problem. It's about learning how to be resourceful. Enrolling people in your vision, developing skills, adding more value in your service. And this is why a lot of people also who win the lottery end up broke. Again, the statistics don't lie. Getting a bunch of money is not going to solve your life or fix your life. If so, why do a lot of people who get all this money in a lottery go broke or bankrupt within a couple of years? And many of them have more problems afterwards. And many of them have committed suicide as well because they realized this didn't solve the problems within them. The relationship they have with money didn't change just by receiving more money. They got money without building the muscle to keep it. And being broke, when used the right way, builds that muscle. And that muscle lasts longer than any paycheck. So reason number two, Being broke teaches you resourcefulness. Before you receive riches, now you have to learn how to be resourceful. During that season. You have to learn how to overcome your fears and insecurities. You have to take courageous actions and fail over and over again to become more resourceful. But this is what that season teaches you. And if you just have the money, you'll just spend the money on problems and you won't be as resourceful. Reason number three, Being broke forces you to separate your worth from your wallet. Now, this one is huge. A lot of people think more money means more worth. Less money means less value. And that's just not the case. That belief will destroy you no matter how much you make or how much you're earning. When you're broke, you're forced to ask a hard question. Who am I without my money? Who am I without my money? Your character, your work ethic, your creativity, your heart, your expressiveness, your integrity. Are you your word? Who are you without money? It's a quote from Kyle Cease, who says, meditation gets me to understand that I'm the abundance, not money. When we can learn that we are abundance. Not having money makes me abundance, but actually our energy, our attitude, our mindset, our creativity, our ability to take risks, our ability to inspire, our ability to show up and set goals and be consistent and follow through. Those things develop the results of you being abundance. None of that disappears when your bank account is low. If you still have all those things, you develop that character, that integrity, that love, that passion. You are that already. That is your identity, not what's in your bank account. So you have so much worth inside of you right now. And if you don't learn this lesson early, you'll spend your life chasing money just to feel enough, just to feel like you made it, just to feel like you're good enough. And I'm telling you, that is an exhausting life to live. But money is a tool. It is not your identity. So stop putting all of your worth into what's in your wallet, please. That is the end of reason number three. Being broke forces you to separate your worth from your wallet.
